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Randoms 2014 10 27

Monday Randoms

“Many people who have never run one business for one day are nevertheless confident that they know corporate CEOs are not worth as much as they are paid.” ~Thomas Sowell

from Charles Krauthammer

Obama had never managed anything before running for the biggest management job on earth. It shows. What makes the problem even more acute is that Obama represents not just the party of government but a grandiose conception of government as the prime mover of social and economic life. The very theme of his presidency is that government can and should be trusted to do great things. And therefore society should be prepared to hand over large chunks of its operations — from health care to carbon regulation down to free contraception — to the central administrative state.

But this presupposes a Leviathan not just benign but competent. When it then turns out that vast, faceless bureaucracies tend to be incapable, inadequate, hopelessly inefficient and often corrupt, Obama resorts to expressions of angry surprise.

above tips to Carpe Diem

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